A Brown Builders Holdings Ltd - Limited company accounts 11.9

REGISTERED NUMBER: 08443588 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2015

for

A Brown Builders Holdings Ltd

Page

Company Information

1

Report of the Directors

2

Chartered Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTORS:

A Brown

Mrs S Brown

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

08443588 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

The directors present their report with the financial statements of the company for the year ended 31 March 2015.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2014 to the date of this report.

A Brown

Mrs S Brown

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with

applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors

have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting

Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not

approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the

company and of the profit or loss of the company for that period. In preparing these financial statements, the directors

are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the

company's transactions and disclose with reasonable accuracy at any time the financial position of the company and

enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for

safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud

and other irregularities.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

A Brown - Director

14 December 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A Brown Builders Holdings Ltd for the year ended 31 March 2015 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of A Brown Builders Holdings Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A Brown Builders Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of A Brown Builders Holdings Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A Brown Builders Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A Brown Builders Holdings Ltd. You consider that A Brown Builders Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A Brown Builders Holdings

Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

14 December 2015

TURNOVER

-

OPERATING PROFIT

2

-

Income from shares in group undertakings

139,000

110,000

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

139,000

110,000

Tax on profit on ordinary activities

3

-

PROFIT FOR THE FINANCIAL YEAR

139,000

110,000

CONTINUING OPERATIONS

None of the company's activities were acquired or discontinued during the current year or previous year.

TOTAL RECOGNISED GAINS AND LOSSES

The company has no recognised gains or losses other than the profits for the current year or previous year.

FIXED ASSETS

Investments

5

72,430

CURRENT ASSETS

Debtors

6

139,965

3,805

Cash at bank

5,978

50,000

145,943

53,805

CREDITORS

Amounts falling due within one year

7

71,138

-

NET CURRENT ASSETS

74,805

53,805

TOTAL ASSETS LESS CURRENT
LIABILITIES

147,235

126,235

CAPITAL AND RESERVES

Called up share capital

8

100

Profit and loss account

9

147,135

126,135

SHAREHOLDERS' FUNDS

12

147,235

126,235

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 December 2015 and were signed on its behalf
by:

A Brown - Director

1.	ACCOUNTING POLICIES

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards

(United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as

otherwise stated).

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	OPERATING PROFIT

The operating profit is stated after charging:

2015

2014

£

Directors' remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 March 2015 nor for the year

ended 31 March 2014.

4.

DIVIDENDS

2015

2014

£

Ordinary Shares shares of £1 each

Interim

118,000

60,500

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2014

and 31 March 2015

72,430

NET BOOK VALUE

At 31 March 2015

72,430

At 31 March 2014

72,430

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2015

2014

£

Other debtors

139,965

3,805

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2015

2014

£

Other creditors

71,138

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary Shares

£1

100

9.

RESERVES

Profit

and loss

account

£

At 1 April 2014

126,135

Profit for the year

139,000

Dividends

(118,000

)

At 31 March 2015

147,135

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £60,925 (2014: -£1,982) to Alan Brown Builders Ltd, a subsidiary

company.

In addition, the company was also owed £80,000 by AB Property Developers Ltd, a company in which Mr A.

Brown is also a director and shareholder.

H & A Developers owed the company £10,000 at the balance sheet date. Mr A. Brown is a director of this

company.

During the year, the company received dividends of £149,000 from Alan Brown Builders Ltd.

A Brown

The amount shown below was repaid to the company shortly after the year end.

2015

2014

£

Amount due from related party at the balance sheet date

59,965

-

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Brown.

12.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

2015

2014

£

Profit for the financial year

139,000

110,000

Dividends

(118,000

)

(60,500

)

Net addition to shareholders' funds

21,000

49,500

Opening shareholders' funds

126,235

76,735

Closing shareholders' funds

147,235

126,235